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Business
Longshoremen union's demand for total ban on automation questioned as port strike looms
As thousands of dockworkers are preparing to strike should a deal not be reached by the end of Monday, one business leader is questioning the union’s demand for a total ban on…
The trouble with UniCredit’s interest in Commerzbank
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a founding partner of Veritum PartnersThe…
California city’s record sixth Costco location getting closer to reality, and not everyone is happy
A record sixth Costco location is one step closer to coming to a Bay Area city soon, and not everyone is happy about it. The San Jose Planning Commission unanimously voted…
Airbnb offers Prince's 'Purple Rain' house to rent for $7 per person
Prince fans will be given the opportunity to live how the iconic music star lived, for a small fee. Lisa and Wendy of The Revolution band have restored Prince's childhood home…
America’s largest supermarket merger hangs on the fate of its workers
Authorities challenging the largest supermarket deal in US history have said it must be blocked to protect unionised workers.Not every labour leader agrees.Kroger’s $24.6bn…
Food businesses and investors call on UK government to tackle unhealthy diets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK businesses and investors are urging the government to…
Ice cream brand scooping $8.85 million to customers in class action lawsuit – see if you qualify
Breyers Ice Cream is paying out nearly $9 million as part of a class action settlement – and you might be entitled to some of the money. The Supreme Court of New York State,…
Toyota recalls certain SUV models over potential safety issues
Toyota is recalling tens of thousands of its vehicles over a potential safety issue in some of its newer models. The National Highway Traffic Safety Administration announced…
‘People are very frustrated’: Lloyd’s of London IT delays cause unease
For the underwriters and brokers on the trading floors surrounding the vast atrium at the centre of the Lloyd’s of London insurance market, business is good.The centuries-old…
Freight rates rise as companies plan for costly US port strike
US retailers, automakers and other businesses face ballooning freight rates as they make contingency plans for a strike that threatens to close nearly three dozen ports next week. …